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Bay St.s Myhres getting a new owner

Myhres Restaurant and Lounge, a Bay Street mainstay since the 1920s, has a new owner after almost eight decades.

Im really happy, said Dick Rylander, who has owned the establishment for 45 years.

The previous owner, his father, owned the restaurant for 30 or 35 years.

I found the right person to take over this business, he said. Someone with a little wherewithal.

Rylander has been anxious to sell for many years, but said he needed to find just the right person to turn his lifes work over to.

Ive had many opportunities to turn (Myhres) over to other buyers, Rylander said. It was up for sale twice before. I was too anxious to sell and the quality of the people who were interested showed it.

Though Rylander was reluctant to discuss the new owners, he did say that John Lora and his wife Melinda will be arriving in Port Orchard on Monday afternoon.

He does not know whether the business will retain its name and traditional restaurant fare.

I have no idea, Rylander said.

The original building was brought by barge from Gorst. It was originally a private residence, then became H.A. Davies General Store in 1895.

The restaurant later erected on the site was destroyed by fire in 1963, but was replaced exactly as it had been.

Although the specifics of the sale have not been made public, the propertys total value for 2005 was set at $1.5 million, according to the Kitsap County Assessors Office.

This year, the owner will owe $16,405.30 in property taxes.

Rylander said he will likely do some traveling after relinquishing control of the restaurant.

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